Starbucks (NASDAQ:SBUX) Price Target Raised to $92.00

Starbucks (NASDAQ:SBUX) had its price objective hoisted by equities research analysts at BNP Paribas Exane from $87.00 to $92.00 in a note issued to investors on Thursday,Benzinga reports. The brokerage currently has an “underperform” rating on the coffee company’s stock. BNP Paribas Exane’s target price suggests a potential downside of 13.71% from the stock’s previous close.

A number of other equities analysts also recently issued reports on SBUX. Guggenheim restated a “neutral” rating and issued a $97.00 price target (up from $95.00) on shares of Starbucks in a research note on Wednesday, April 29th. UBS Group increased their target price on Starbucks from $105.00 to $112.00 and gave the company a “neutral” rating in a report on Thursday. The Goldman Sachs Group cut Starbucks from a “neutral” rating to a “neutral” rating in a research report on Thursday, May 14th. Stephens began coverage on Starbucks in a research note on Thursday, May 14th. They set an “overweight” rating for the company. Finally, Deutsche Bank Aktiengesellschaft reaffirmed a “buy” rating and set a $126.00 price target on shares of Starbucks in a research report on Thursday. Eighteen analysts have rated the stock with a Buy rating, eleven have assigned a Hold rating and two have given a Sell rating to the stock. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average price target of $112.04.

Starbucks Price Performance

Starbucks stock traded up $2.47 during midday trading on Thursday, reaching $106.61. 15,244,725 shares of the company traded hands, compared to its average volume of 8,299,975. The firm has a market capitalization of $121.51 billion, a price-to-earnings ratio of 80.87, a price-to-earnings-growth ratio of 2.05 and a beta of 0.98. The business has a 50 day moving average of $102.15 and a two-hundred day moving average of $98.92. Starbucks has a 12 month low of $77.99 and a 12 month high of $109.23.

Starbucks (NASDAQ:SBUX) last posted its earnings results on Wednesday, July 29th. The coffee company reported $0.85 EPS for the quarter, topping analysts’ consensus estimates of $0.66 by $0.19. The business had revenue of $9.32 billion during the quarter, compared to the consensus estimate of $9.17 billion. Starbucks had a net margin of 3.89% and a negative return on equity of 29.24%. The firm’s revenue was down 1.4% on a year-over-year basis. During the same quarter in the previous year, the firm posted $0.50 EPS. Starbucks has set its FY 2026 guidance at 2.550-2.650 EPS. As a group, equities analysts forecast that Starbucks will post 2.41 EPS for the current year.

Insider Buying and Selling

In related news, CEO Brady Brewer sold 2,229 shares of Starbucks stock in a transaction on Monday, July 6th. The stock was sold at an average price of $104.00, for a total transaction of $231,816.00. Following the transaction, the chief executive officer directly owned 77,364 shares in the company, valued at approximately $8,045,856. The trade was a 2.80% decrease in their ownership of the stock. The transaction was disclosed in a document filed with the Securities & Exchange Commission, which is accessible through the SEC website. The transaction was executed under a pre-arranged Rule 10b5-1 trading plan. Over the last quarter, insiders sold 6,687 shares of company stock valued at $679,033. 0.03% of the stock is currently owned by company insiders.

Institutional Inflows and Outflows

Several institutional investors have recently made changes to their positions in SBUX. Rachor Investment Advisory Services LLC bought a new position in shares of Starbucks during the 4th quarter valued at approximately $25,000. Phillip James Consulting Co. bought a new stake in Starbucks during the 4th quarter worth approximately $25,000. Cornerstone Financial Management LLC purchased a new position in Starbucks during the fourth quarter valued at approximately $25,000. Entrust Financial LLC purchased a new position in Starbucks during the fourth quarter valued at approximately $26,000. Finally, Financial Freedom LLC boosted its position in shares of Starbucks by 296.2% in the first quarter. Financial Freedom LLC now owns 313 shares of the coffee company’s stock worth $28,000 after purchasing an additional 234 shares during the period. Institutional investors own 72.29% of the company’s stock.

More Starbucks News

Here are the key news stories impacting Starbucks this week:

• Positive Sentiment: Fiscal Q3 adjusted EPS was $0.85, well above the $0.66 analyst consensus and up from $0.50 a year earlier. Revenue of $9.32 billion also exceeded estimates of approximately $9.17 billion. Starbucks beats quarterly sales estimates
• Positive Sentiment: Global comparable-store sales rose 7.9%, exceeding the 5.7% expected by analysts, with comparable transactions up 4.2%. North American revenue increased 7% to $7.4 billion, suggesting that faster service, more welcoming cafes, new products and expanded food offerings are attracting customers despite cautious consumer spending. Starbucks Reports Q3 Fiscal Year 2026 Results
• Positive Sentiment: Starbucks raised fiscal 2026 adjusted EPS guidance to $2.55-$2.65 from $2.25-$2.45 and expects full-year global comparable-sales growth of 6%. The roughly 10% guidance increase reinforced expectations that the turnaround is gaining traction. Starbucks Just Raised Full-Year Profit Guidance
• Positive Sentiment: Several analysts lifted their targets following the report. Wells Fargo raised its target to $125 with an Overweight rating, while Morgan Stanley increased its target to $115. TD Cowen reaffirmed a Buy rating and $120 target.
• Neutral Sentiment: Analyst opinion remains mixed: DA Davidson, UBS and Citi maintained neutral ratings despite raising their targets to $110-$112, while Wolfe Research kept a Hold rating, citing a full valuation and sales gains driven partly by operational improvements.
• Negative Sentiment: Revenue declined 1.4% year over year, partly reflecting the restructuring of Starbucks’ China operations into a licensed joint venture. At a high valuation, investors may also be vulnerable to disappointment if traffic growth or margin expansion slows.

About Starbucks

Starbucks Corporation is a global coffeehouse chain and roaster that operates, licenses and franchises coffee shops and related retail businesses. Founded in Seattle, Washington in 1971 by Jerry Baldwin, Zev Siegl and Gordon Bowker, the company grew from a single store focused on whole-bean coffee and equipment into a broad consumer-facing brand. Howard Schultz, who joined the company later and served in senior leadership roles, is widely credited with transforming Starbucks into a mass-market specialty coffee retailer and expanding its footprint internationally.

Starbucks’ core activities center on the retail sale of hot and cold specialty beverages, whole-bean and packaged coffees, teas and ready-to-drink products, along with complementary food items and merchandise such as mugs and brewing equipment.